2033 Rumah Lelong Kuala Lumpur · Bank Auction Properties
Kuala Lumpur, Malaysia's bustling capital, offers a dynamic property market where bank auctions present unique opportunities for buyers. Whether you're searching for a condominium in the city center or a landed home in the suburbs, auction houses regularly feature a wide selection of properties for sale at reserve prices often 10-40% below market value. These bank-lelong events are an excellent avenue for first-home buyers and savvy investors to secure affordable homes. To participate, register in advance, pay a 10% deposit, and bid on auction day. For auction dates, reserve prices, and guidance on the bidding process, reach out to Peter Tan, your trusted auction specialist.
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Residensi M Astra
No. A-23A-11, Residensi M Astra, No. 1, Jalan Usahawan 6, 53200 Setapak, Kuala Lumpur
Menara Sri Damansara
No. B12-6, Block B, Menara Sri Damansara, Jalan Margosa SD 10/1E, 52200, Bandar Sri Damansara, Petaling Jaya, Selangor
Angkasa Condominium
No. B-23A-12, Blok B, Angkasa Condominium, No. 5, Jalan Puncak Gading, Taman Connaught, 56000 Cheras, Kuala Lumpur
Residensi Majestic
No. 28-18, Residensi Majestic, No. 8, Jalan Dewan Sultan Sulaiman 3, 50300 Kuala Lumpur
Tower A
No. A-21-15, Tower A, Suite Dex (Menara A), Jalan 3/18A, Taman Mastiara, 51200 Kuala Lumpur
Pangsapuri Mawar
No. B-21-9, Pangsapuri Mawar, Jalan 7/48A, Bandar Baru Sentul, 51000 Kuala Lumpur
Boulevard Serviced Apartment
No. J-23A-3A, Block J, Boulevard Serviced Apartment, Pusat Komersial Jalan Kuching, No. 115, Jalan Kepayang, Off Jalan Kuching, 51200 Kuala Lumpur
Puncak Sentul
No. C-26-18, Puncak Sentul, No.8, Jalan Sentul Perdana, 51000 Kuala Lumpur
Pearl Point Condominium
No. A-25-03, Block A, Pearl Point Condominium, Jalan Sepadu 3, Batu 5, Off Jalan Klang Lama, 58200 Kuala Lumpur
Anggunpuri Condominium
No. 19-2, 19th Floor, Anggunpuri Condominium, No. 32, Jalan Dutamas Raya, Off Persiaran Dutamas, 51200, Kuala Lumpur
Parklane OUG
No. C1-31-7, Block C1, Parklane OUG, No. 1, Jalan 1/152, Taman OUG Parklane, 58200 Kuala Lumpur
Putra Court
No. 10B-18-4, Putra Court, Jalan Ipoh Kecil, 50350 Kuala Lumpur
Wangsa Maju
No. 6-1, Jalan 2A/27A, Wangsa Maju, Seksyen 1, 53300 Kuala Lumpur
Berkeley Park Sri Putramas Condominium
No. C-21-2, Berkeley Park Sri Putramas Condominium, Jalan Putramas 1, Off Jalan Kuching, 51200 Kuala Lumpur
Casa Idaman Condominium
No. A-10-13A, Casa Idaman Condominium, No. 5, Jalan 1/1D, Kampung Batu Muda, 51100 Kuala Lumpur
Verve Suites KL South @ Jalan Klang Lama
No. A-15-2, Verve Suites KL South @ Jalan Klang Lama, Kuala Lumpur
Desa Garden Serviced Apartments
No. 3-31-05, Block 3, Desa Garden Serviced Apartments (Kompleks Hijauan Desa), No. 85, Jalan Desa Bakti, 58000 Kuala Lumpur.
Sri KInabalu Kondominium
No. 10E-03-02-001, Sri KInabalu Kondominium, Jalan 4/27E, Section 10, Wangsa Maju, 53300 Kuala Lumpur
Westminster Park
No. D-3-3, Block D, Westminster Park, Sri Putramas Condominium, No. 1, Jalan Putramas 1, Off Jalan Kuching, 52100 Kuala Lumpur
Maxim Citylights
No. D-28-03A, Block D, Maxim Citylights (Maxim Sentul), No. 25, Jalan Sentul Perdana, Setapak, 51000 Kuala Lumpur
Residensi Henge
No. E-25-06, Residensi Henge, No. 9, Jalan Metro Perdana Barat, Taman Metropolitan, 52100 Kepong, Kuala Lumpur
Sri Putramas II
No. B1-25-06, Sri Putramas II, Jalan Putramas, 51200 Kuala Lumpur
Warisan Cityview
No. B-13-2, No. 1, Jalan 3/93A, Warisan Cityview, Off Batu 2 1/2, Cheras, 56100 Kuala Lumpur
Menara Perniagaan Manjalara
No. B-13-07, Menara Perniagaan Manjalara, Jalan Manjalara Idaman 6 ( Jalan 11/62A ), Bandar Sri Manjalara, 52200 Kuala Lumpur
How to Buy an Auction Property in Kuala Lumpur
- 1Shortlist properties
Browse auction listings in Kuala Lumpur, compare each reserve price against nearby market prices and note the discount. Unsold properties are re-auctioned at a lower reserve, typically dropping 10% per round.
- 2Do your due diligence
Get the Proclamation of Sale (POS), check the land title, quit rent and assessment, outstanding maintenance fees and utility bills, and whether the property is still occupied. For strata units, confirm who settles arrears with the management office.
- 3Arrange financing early
Most banks finance auction purchases, but the balance is due within 90 to 120 days of the auction. Get loan pre-approval before bidding so your deposit is never at risk of forfeiture.
- 4Register and pay the deposit
Register before auction day through the bank's e-Lelong portal or the licensed auctioneer, and prepare a bank draft of 5% to 10% of the reserve price as the deposit. Requirements vary slightly between banks and auction houses.
- 5Bid and complete
Bid on auction day. The winning bidder signs the memorandum of sale on the spot and settles the balance within 90 or 120 days as stated in the POS, after which the transfer is completed. An auction specialist can guide you through every step.
Reminder: auction properties are sold as-is and may come with arrears or occupants, so always complete due diligence first. Contact Peter Tan for free guidance through the whole process. Read the full buying guide →
FAQ · Kuala Lumpur
How many auction properties are there in Kuala Lumpur?+
There are currently 2033 bank auction (lelong) properties in Kuala Lumpur, sourced from major banks and licensed auctioneers and updated regularly.
How much below market are auction properties in Kuala Lumpur?+
Reserve prices in Kuala Lumpur are typically 10-40% below market value, and drop roughly another 10% each time a property goes unsold.
Can I get a loan for a lelong property in Kuala Lumpur?+
Yes, most banks finance auction properties, but the balance is due within 90 to 120 days, so get loan pre-approval before bidding. Contact Peter Tan for details.
How much deposit do I need to bid in Kuala Lumpur?+
You typically need a bank draft of 5% to 10% of the reserve price as the deposit. After a successful bid, the balance is due within 90 to 120 days as stated in the Proclamation of Sale.
What are the risks of buying a lelong property in Kuala Lumpur?+
Auction properties are sold as-is and may carry outstanding maintenance fees, utility bills or occupants. Review the Proclamation of Sale and do a title search before bidding, or engage a specialist to assess it for you.